PreStocks Anthropic Down 26% After AI Lab Voids All Secondary Stock Sales

Anthropic, the private AI Lab best known for developing Claude, has announced that all sales or transfers of its stock will not be recognized by the company and are effectively void. 

The announcement dealt a devastating blow to traders who invested in the company through secondary markets offering exposure to pre-IPO companies, such as PreStocks.

PreStocks $ANTHROPIC token has plummeted 35% since the announcement, with waning confidence in the issuer causing drawdowns across many of its assets.

Anthropic Voids All Sales and Transfers of its Stock

Anthropic is warning investors and traders away from secondary markets claiming to offer exposure to the AI pioneer. In a statement released yesterday via Claude support, Anthropic asserted that any sale and transfers of its stock “will not be recognized on our books and records”, stating that any transfers of shares to an SPV (special purpose vehicles) are void.

Concerns over the legitimacy of synthetic Anthropic investment instruments have been brewing all week. On May 11, corporate attorney Ariel Givner remarked that “buyers should be cautious” when investing in pre-IPO assets.

Onchain markets have reacted violently to Anthropic’s statement, with Prestock’s $ANTHROPIC token plummeting over 45%, dropping from $1390 to as low as $770 as investors exited their positions. 

The token has since stabilized, recovering 31% to currently trade hands at $1,032, a 12% premium to its proposed valuation.

SolanaFloor has engaged PreStocks for comment on how Anthropic’s statement impacts the firm’s token. At press time, the popular RWA issuer has declined to comment.

Prestocks Suffer Harsh Drawdowns

While Anthropic’s statement only applies to its own stock, the AI Labs declaration has sent a wave of fear and uncertainty through PreStocks’ other listed assets. Many of the issuer’s assets have suffered double digit drawdowns in the last 24-hours, with all tokens barring $ANTHROPIC dropping below their perceived valuation.

The debacle represents a critical stress test for one of Solana’s most popular RWA issuers. Since launch, PreStocks has been a breakout success for Solana’s RWA sector, witnessing tens of millions in daily volume across thousands of traders.

Read More on SolanaFloor

Solana’s TCG race is heating up

Beezie Expands to Solana, Joins Fiercely Competitive Tokenized Collectibles Race

How to Stake $SOL with the Sanctum Mobile App

[​​https://www.youtube.com/watch?v=4FtUd018BxA]